We believe The Giving What We Can Pledge is a good choice for most people reading this, given how comparatively well off those of us in the rich world are — for example, someone earning $30,000 USD post-tax a year is in the richest 4.7% of the world’s population. However, we do think anyone considering The Giving What We Can Pledge should carefully reflect on how it will interact with other situations in their lives:
Using money to free up time
Temporary financial constraints
If you or a loved one’s health situation requires resources, time away from work, uncertainty about future expenses, and so on, you may find that a consistent pledge doesn't work well. Perhaps it makes sense to make a conditional plan: an intention to donate a given percent in years when one’s medical situation is better, and to give less or not at all in harder times.
Investing in your future ability to help
In some cases, spending now will let you help more later by increasing your eventual skills or earnings.
While there are situations like these in which pledging at least 10% of income might not be suitable, people from many walks of life have also found it to be a good way to commit to building the kind of world they want to see. Many of us, after realising how rich we are compared to the world average, have welcomed The Giving What We Can Pledge as a tool for giving back and for encouraging others to do the same.
If you find that The Giving What We Can Pledge isn’t a good fit for you at this time, you might consider taking a Trial Pledge as a more flexible option.
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